A situation in which an economy enters a stage of deflation that once in full swing feeds on itself, reducing...

A decline in the rate of inflation. In other words, it is an inflationary situation in which the rate of...

A situation (in the business cycle/ economic cycle) that is marked by a rapid move from economic expansion to recession...

An emerging concept of capitalism that is proposed to start from the bottom upwards by accelerating the upward mobility of...

An emerging concept of capitalism that is proposed to start from the bottom upwards by accelerating the upward mobility of...

The ability of a country to produce a good or service at lower cost, in terms of material resources (inputs),...

A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit...

A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit...

A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit...

A practice in which a government spends more money than it receives in revenues. The difference constitutes a budget deficit...